![]() ![]() ![]() “We have multiple other horizons that we plan to develop: at least six different zones. The Nanushuk pool has a 650-foot-plus oil column, good porosity and 150-foot thick net pay according to Myers. “Additionally they have made a major oil discovery in the Cretaceous Nanushuk formation, which they have encountered in seven wells,” Myers said. “They have reported a very significant oil discovery in the Jurassic Alpine sandstone which … was encountered in four of their wells,” he said. Whereas Myers couldn’t verify the total daily production potential from information that has been publicly released, which is all he felt comfortable commenting on, he did say in an email to Petroleum News, “assuming that these numbers - reported by Petroleum News Oct 18 - are accurate, a production rate of 120,000 bop/d is not unreasonable under the probable contingent reserves reported, with a peak production rate as high as 250,000 bop/d under the possible contingent reserve.”Īccording to the Alaska Department of Revenue, the state currently produces about 515,000 bop/d, almost all of which comes from the North Slope.Īlthough Armstrong officials said they have shown Myers its well logs and geophysical data, “the well and seismic information remain confidential,” Myers said, “so I can only comment based upon what Armstrong and Repsol have made public” following delineation drilling in the Pikka unit last winter. Peak output 120,000-plus barrels per dayAt its peak, daily oil production rates within the Pikka unit is expected to be 120,000 barrels of oil per day, Armstrong’s top executive and founder Bill Armstrong told Petroleum News in a recent interview. 16, is “very excited” to see Pikka development moving forward.” 14 email to Petroleum News Myers said, “the proven contingent oil reserve number makes the discovery the largest since the Alpine field, the probable contingent reserve number the largest since the Kuparuk field, and the possible contingent number makes the discovery the largest since Prudhoe,” with one caveat: The “discovery” is “multiple different reservoirs, not just one major reservoir as in the case of the original Kuparuk and Alpine discoveries.” In October, then-Alaska Department of Natural Resources Commissioner Mark Myers referred to the discovery as “amazing.” 12, the new operator, Denver-based Armstrong Oil & Gas, and its now minority partner, Repsol E&P USA, are preparing to accelerate development of their Pikka unit and what is possibly a multibillion barrel resource in just two of at least six horizons, making it a contender in size with the North Slope legacy fields it lies between - the ConocoPhillips’ operated Alpine and Kuparuk fields. Instead, Bill Armstrong told Petroleum News Feb. The October announcement cancelled three of this winter’s wells in the fifth and last year of the partners’ aggressive $1 billion-plus exploration program, triggering fear the Spanish major, which had promised to make a field development decision in January, was pulling out of the state, and thus delaying development by years. When Bill Armstrong’s company took over operatorship of the 750,000 acres it owns jointly with Repsol on the North Slope, many Alaskans saw it as another casualty of low oil prices. Providing coverage of Alaska and northern Canada's oil and gas industryĭevelopment of huge North Slope Alaska oil discovery moving forward Please be aware of changing local rules, and check individual restaurant websites for any additional restrictions such as mask requirements.SEARCH our ARCHIVE of over 14,000 articles Health experts consider dining out to be a high-risk activity for the unvaccinated it may pose a risk for the vaccinated, especially in areas with substantial COVID transmission. Did we miss your favorite? Send us a message throughout the tipline. Note: The places on this map are not ranked but ordered geographically. In fact, there are so many stellar parlors in metro Denver alone that there’s no room for their Boulder counterparts below to offer a quick rundown of the most notable up northwest, then, consider the original Pizzeria Locale, Basta, Fringe, New Yorkese, and Audrey Jane’s Pizza Garage.Īs for these 21 spots, they’ve either long defined the local scene or are quickly proving themselves indispensable to it: Here’s a true slice of the Mile High City. From Detroit and New York to Naples and Sicily, there’s something here for every homegrown local or transplant. ![]() Denver may not have its own signature pie, but it’s a thriving pizza town nonetheless, representing the full spectrum of regional American - not to mention traditional Italian - styles admirably. ![]()
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